Property investors have seen a -1.76% drop in GOLDEN BAY based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GOLDEN BAY, 6174 saw average growth in the long term.
The WA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $334,000
Profits averaged -5.15% per annum over a 3-year period, due to an downward trend in home prices in GOLDEN BAY, 6174.
This means, real estate investors could earn a rental income of $310 based on current median home prices for the suburb.
The gross rental yield in GOLDEN BAY, 6174 is 4.83%.
An average of 7.58 real estate transactions take place per month in GOLDEN BAY which translates to 91 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-9.73%||N/A|
|Median 3 years||-15.44%||N/A|
|Median 5 years||4.38%||N/A|
|10 years average annual||-2.37%||N/A|
|Weekly media advert. rent||$310||N/A|
|Time on Market||110.8 days||N/A|
|Gross Rental Yield Percent||4.83%||N/A|